Venezuela Archives

Tough time ahead for oil companies

International Finance DeskJanuary 27, 2015

by International Finance DeskJanuary 27, 2015

While big players are streamlining operations, smaller ones look to get acquired Suparna Goswami Bhattacharya Analysts expect oil price to come down to $43 a barrel in second quarter of 2015 Oil companies look for ways to cut costs Big players go in for layoffs Oil price: No looking up for now January 27, 2015:...

Oil trade: No sign of prices going up

International Finance DeskNovember 27, 2014

by International Finance DeskNovember 27, 2014

Some analysts claim that OPEC will not last more than 50 years Suparna Goswami Bhattacharya November 27, 2014: Economists dealing with oil prices and stability were in for a shock when global oil prices started to tumble this year. After three years of relative calm wherein prices moved less than three percent year-on-year, the sudden...

Bolivia’s Evo Morales wins a third consecutive term

International Finance DeskOctober 17, 2014

by International Finance DeskOctober 17, 2014

Left-leaning president, an Aymara Indian and a former coca farmer, becomes the longest serving leader and incumbent head of state in the Andean country Kamilia Lahrichi October 17,2014:Since his first election in 2005, Evo Morales has propelled economic growth in what was once one of the worst performing economies in Latin America, and enacted redistributive...